Wrote on 16 September 2008
No. TDS is a deduction of taxes for the income elements in the receipts. In service tax there is no income element, one is just charging it on behalf of the Govt.
|
Wrote on 10 July 2008
No, Tax should not be deducted on the gross amount. The Service Tax is not an Income in the hands of payee which is liable for Income Tax. As such, the same should not be subjected to TDS.
Wrote on 08 July 2008
no tds should be deducted on service tax as it is already a tax on service. it will result in to double taxation
Wrote on 10 May 2008
latest CBDT Circular explains this point regarding rent
Wrote on 10 May 2008
LEADS TO DOUBLE TAXATION
Wrote on 09 May 2008
no comments
Wrote on 09 May 2008
No TDS Should b deducted on net Amt excluding Service tax as it would mean taxing twice
Wrote on 09 May 2008
TDS should be deducted on net amount excluding service tax.
Wrote on 09 May 2008
nothing
Wrote on 09 May 2008
no deduted on gross amount with service tax
Wrote on 09 May 2008
why should we pay extra & then claming refund........
Wrote on 09 May 2008
Why should one deduct tax on tax
Wrote on 09 May 2008
Since tds is deducte on income and service tax is not income of receiver, therefore it should not charge on service tax
Wrote on 09 May 2008
-------
Wrote on 09 May 2008
service tax is a tax which are paid by the deductore to the govt it is a tax not a income of the deductee so govt liability is not taken for tds purpose
Wrote on 09 May 2008
cant say
Wrote on 09 May 2008
1.Income Tax Act and Service Tax laws are different laws so they do not attract double taxation.
2.If it is not done so and a person is not covered under Service Tax Laws, his TDS rate on gross ammount will flactuate.
Wrote on 09 May 2008
TDS Should b deducted at Net Amt excluding Service Tax
Wrote on 09 May 2008
Yes
Wrote on 08 May 2008
both should be charged exclusively on the gross amount
Wrote on 08 May 2008
We must handle various taxes as a proxy
Wrote on 08 May 2008
The Service Tax is a Tax Liability to pay govt and not is an Income. So TDS should not be deducted on Service Tax.
Wrote on 08 May 2008
it should not be deducted including service tax amount. its an extra burdon on customer.
Wrote on 07 May 2008
After deducting TDS on amt including S.Tax, it means that part of service provider is paying service tax out of his pocket for the time being.
Wrote on 07 May 2008
service tax is not receivers income. So TDS should not deduct on service tax.
Wrote on 07 May 2008
one who says no is an obstruct in India's Growth
Wrote on 07 May 2008
This will be same as cascading effect in indirect taxation
Wrote on 07 May 2008
THOUGH THERE IS TAX ON TAX WHICH IS WRONG PREVAILING IN MARKET PRACTICE.
Wrote on 07 May 2008
it will turn into double taxation.
Wrote on 07 May 2008
EDS should not be deducted on service tax component
Wrote on 07 May 2008
its a saving for the assesee and less work for the departments... :)
Wrote on 07 May 2008
TDS Should be deducted on net amt excluding Service Tax
